Ted Leonsis, owner of Monumental Sports & Entertainment, has decided to keep the Washington Wizards and Capitals in DC after considering a move. The decision was praised for benefiting the neighborhood and businesses around Capital One Arena. The District government expressed excitement over the extended relationship, anticipating the reinvigoration of Gallery Place/Chinatown. Leonsis announced a strategic partnership with DC to modernize the arena and expand business operations. The move was met with gratitude and excitement from stakeholders, ensuring the teams stay in their home city.
Monumental Sports and Entertainment CEO Ted Leonsis shares his vision for a revamped Capital One Arena. Also in The News4 Rundown: The latest from the Baltimore bridge collapse. https://t.co/1WMgvD2u3t
As we look ahead to an exciting future with a state-of-the-art urban arena in Downtown DC, I want to thank all the people and teams who were part of this effort. Read my letter to the community:
I was glad to have the opportunity to join @GuyLambertNews today on @fox5dc to talk about the Caps and Wizards staying in DC and what that means for our city and our economy. https://t.co/AgYt7iaTFj
LOVERRO: Keeping Leonsis and his teams may cost District any chance of landing Commanders - https://t.co/TeMp7ZnegN
Keeping the @WashWizards and @Capitals in DC will preserve the strong economy that will allow us to continue investing in the services that matter to DC‘s residents, including good public schools and a strong social safety net. https://t.co/u27dIre07u
What a way to end a very busy day! Thrilled that Monumental Sports & Entertainment and our teams will be staying here in the District. https://t.co/FfBbA8KiP4
I'll never forget in 1998 at MCI Center, @TedLeonsis standing in the lobby of the arena as fans arrived for a game, shaking as many hands as he could. The Mayor of Penn Quarter. The past three months felt like an aberration, but the Caps and Wizards are staying where they belong https://t.co/naXSovaTLG
Monumental Sports & Entertainment Announces Strategic Partnership with the District of Columbia to Modernize Capital One Arena and Expand Its Growing Business and Hospitality Operations across Gallery Place @MSE | @CapitalOneArena https://t.co/Nea5WG62hu
We’re ecstatic to keep @MSE as a cornerstone of our Downtown. As we’ve said all along: the District government is able to move quickly and follow through on our commitment. With the extended relationship, we’re looking forward to the reinvigoration of Gallery Place/Chinatown. https://t.co/JY3i919TzR
The moment you’ve been waiting for: we’re staying at @CapitalOneArena and it’s going to be bigger and better than ever before. Grateful, humbled, and excited. DC made it happen - the right outcome for all. https://t.co/DqviTHenHO
Some thoughts on the Caps and Wiz staying in DC: 1) Good for the neighborhood and businesses around the arena. Losing the teams would've been a devastating blow. 2) I'm a sports fan who goes to lots of games. A brand new arena would be superior to 27-yr-old COA. I wanted…
So in just about three months, Ted Leonsis realized he’d made a huge mistake, came back to DC with his tail between his legs and made a deal to stay in the city. He deserves a little credit for being willing to fix his screwup so quickly.
I'm happy for D.C. and the DMV that the Wiz/Caps are staying put. Hopefully, the mayor and others recognize where they fell short, allowing Leonsis to explore a move. To me, Cap One >> football stadium for the District's benefit. What would be great if Leonsis recognized his…